Analog Capital Expenditures vs Free Cash Flow Analysis

ADI Stock

USD 223.12 5.07 2.33%

Analog Devices financial indicator trend analysis is way more than just evaluating Analog Devices prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Analog Devices is a good investment. Please check the relationship between Analog Devices Capital Expenditures and its Free Cash Flow accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Analog Devices Capital Expenditures account and Free Cash Flow. At this time, the significance of the direction appears to have very strong relationship.

The correlation between Analog Devices' Capital Expenditures and Free Cash Flow is 0.84. Overlapping area represents the amount of variation of Capital Expenditures that can explain the historical movement of Free Cash Flow in the same time period over historical financial statements of Analog Devices, assuming nothing else is changed. The correlation between historical values of Analog Devices' Capital Expenditures and Free Cash Flow is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capital Expenditures of Analog Devices are associated (or correlated) with its Free Cash Flow. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Free Cash Flow has no effect on the direction of Capital Expenditures i.e., Analog Devices' Capital Expenditures and Free Cash Flow go up and down completely randomly.

Correlation Coefficient

0.84

Relationship Direction	Positive
Relationship Strength	Strong

View All Relationships

Capital Expenditures

Capital Expenditures are funds used by Analog Devices to acquire physical assets such as property, industrial buildings or equipment. This type of outlay is used by management to increase the scope of Analog Devices operations. These expenditures can include everything from repairing an office equipment, building a brand new facility, or writing new software.

Free Cash Flow

The amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.

Most indicators from Analog Devices' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Analog Devices current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.As of now, Analog Devices' Enterprise Value is decreasing as compared to previous years.

	2021	2022	2023	2024 (projected)
Interest Expense	200.4M	264.6M	322.2M	338.3M
Depreciation And Amortization	2.3B	2.3B	2.6B	2.8B

Interest Expense Depreciation And Amortization

Analog Devices fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Current Deferred Revenue	Common Stock Total Equity
Total Assets		0.86	0.9	0.97	0.99	0.93	0.8	0.9	0.86	1.0	0.87	-0.33	0.98	0.87	0.91	0.97	0.59	0.98	0.94	0.79	0.47	0.16	0.97	0.98	0.61	0.82
Short Long Term Debt Total	0.86		0.81	0.87	0.79	0.79	0.99	0.82	0.75	0.88	0.69	-0.52	0.8	0.75	0.98	0.8	0.34	0.76	0.97	0.66	0.16	0.01	0.83	0.82	0.49	0.73
Other Current Liab	0.9	0.81		0.84	0.86	0.76	0.77	0.84	0.71	0.91	0.68	-0.45	0.91	0.85	0.91	0.84	0.48	0.84	0.91	0.55	0.27	-0.06	0.89	0.88	0.4	0.77
Total Current Liabilities	0.97	0.87	0.84		0.96	0.96	0.81	0.94	0.86	0.97	0.88	-0.31	0.94	0.85	0.88	0.98	0.52	0.94	0.92	0.85	0.48	0.25	0.92	0.96	0.65	0.82
Total Stockholder Equity	0.99	0.79	0.86	0.96		0.93	0.72	0.89	0.86	0.98	0.88	-0.26	0.98	0.86	0.85	0.98	0.61	0.99	0.89	0.8	0.53	0.2	0.96	0.97	0.63	0.8
Property Plant And Equipment Net	0.93	0.79	0.76	0.96	0.93		0.74	0.93	0.79	0.92	0.93	-0.28	0.89	0.84	0.79	0.98	0.36	0.9	0.84	0.95	0.49	0.31	0.83	0.93	0.8	0.73
Net Debt	0.8	0.99	0.77	0.81	0.72	0.74		0.76	0.64	0.82	0.61	-0.59	0.74	0.72	0.95	0.74	0.25	0.68	0.94	0.6	0.04	-0.05	0.78	0.76	0.46	0.68
Retained Earnings	0.9	0.82	0.84	0.94	0.89	0.93	0.76		0.81	0.89	0.86	-0.19	0.89	0.85	0.83	0.94	0.36	0.83	0.87	0.84	0.54	0.3	0.8	0.92	0.67	0.83
Cash	0.86	0.75	0.71	0.86	0.86	0.79	0.64	0.81		0.84	0.86	-0.08	0.84	0.63	0.77	0.82	0.61	0.84	0.8	0.71	0.61	0.26	0.81	0.85	0.52	0.74
Non Current Assets Total	1.0	0.88	0.91	0.97	0.98	0.92	0.82	0.89	0.84		0.85	-0.4	0.97	0.87	0.93	0.96	0.57	0.97	0.95	0.77	0.4	0.11	0.98	0.97	0.59	0.8
Non Currrent Assets Other	0.87	0.69	0.68	0.88	0.88	0.93	0.61	0.86	0.86	0.85		-0.18	0.82	0.71	0.7	0.9	0.39	0.86	0.75	0.93	0.53	0.29	0.75	0.85	0.75	0.63
Cash And Short Term Investments	-0.33	-0.52	-0.45	-0.31	-0.26	-0.28	-0.59	-0.19	-0.08	-0.4	-0.18		-0.26	-0.3	-0.53	-0.27	0.03	-0.28	-0.49	-0.19	0.67	0.47	-0.38	-0.26	-0.08	-0.03
Net Receivables	0.98	0.8	0.91	0.94	0.98	0.89	0.74	0.89	0.84	0.97	0.82	-0.26		0.9	0.87	0.96	0.54	0.96	0.9	0.72	0.52	0.15	0.96	0.99	0.64	0.84
Common Stock Shares Outstanding	0.87	0.75	0.85	0.85	0.86	0.84	0.72	0.85	0.63	0.87	0.71	-0.3	0.9		0.8	0.89	0.3	0.83	0.83	0.68	0.37	0.09	0.84	0.91	0.67	0.88
Non Current Liabilities Total	0.91	0.98	0.91	0.88	0.85	0.79	0.95	0.83	0.77	0.93	0.7	-0.53	0.87	0.8		0.84	0.45	0.83	1.0	0.61	0.19	-0.03	0.9	0.87	0.44	0.78
Inventory	0.97	0.8	0.84	0.98	0.98	0.98	0.74	0.94	0.82	0.96	0.9	-0.27	0.96	0.89	0.84		0.47	0.96	0.88	0.87	0.52	0.26	0.91	0.98	0.73	0.8
Other Current Assets	0.59	0.34	0.48	0.52	0.61	0.36	0.25	0.36	0.61	0.57	0.39	0.03	0.54	0.3	0.45	0.47		0.66	0.47	0.23	0.46	0.12	0.68	0.48	-0.12	0.52
Other Stockholder Equity	0.98	0.76	0.84	0.94	0.99	0.9	0.68	0.83	0.84	0.97	0.86	-0.28	0.96	0.83	0.83	0.96	0.66		0.86	0.77	0.51	0.17	0.97	0.96	0.6	0.77
Total Liab	0.94	0.97	0.91	0.92	0.89	0.84	0.94	0.87	0.8	0.95	0.75	-0.49	0.9	0.83	1.0	0.88	0.47	0.86		0.67	0.25	0.02	0.92	0.9	0.49	0.8
Property Plant And Equipment Gross	0.79	0.66	0.55	0.85	0.8	0.95	0.6	0.84	0.71	0.77	0.93	-0.19	0.72	0.68	0.61	0.87	0.23	0.77	0.67		0.47	0.41	0.65	0.78	0.83	0.57
Total Current Assets	0.47	0.16	0.27	0.48	0.53	0.49	0.04	0.54	0.61	0.4	0.53	0.67	0.52	0.37	0.19	0.52	0.46	0.51	0.25	0.47		0.58	0.39	0.53	0.45	0.56
Short Term Debt	0.16	0.01	-0.06	0.25	0.2	0.31	-0.05	0.3	0.26	0.11	0.29	0.47	0.15	0.09	-0.03	0.26	0.12	0.17	0.02	0.41	0.58		0.06	0.19	0.32	0.2
Intangible Assets	0.97	0.83	0.89	0.92	0.96	0.83	0.78	0.8	0.81	0.98	0.75	-0.38	0.96	0.84	0.9	0.91	0.68	0.97	0.92	0.65	0.39	0.06		0.94	0.48	0.8
Accounts Payable	0.98	0.82	0.88	0.96	0.97	0.93	0.76	0.92	0.85	0.97	0.85	-0.26	0.99	0.91	0.87	0.98	0.48	0.96	0.9	0.78	0.53	0.19	0.94		0.71	0.83
Current Deferred Revenue	0.61	0.49	0.4	0.65	0.63	0.8	0.46	0.67	0.52	0.59	0.75	-0.08	0.64	0.67	0.44	0.73	-0.12	0.6	0.49	0.83	0.45	0.32	0.48	0.71		0.44
Common Stock Total Equity	0.82	0.73	0.77	0.82	0.8	0.73	0.68	0.83	0.74	0.8	0.63	-0.03	0.84	0.88	0.78	0.8	0.52	0.77	0.8	0.57	0.56	0.2	0.8	0.83	0.44

Click cells to compare fundamentals

Analog Devices Account Relationship Matchups

Analog Devices fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	21.5B	52.3B	50.3B	48.8B	48.2B	50.6B
Short Long Term Debt Total	5.2B	6.8B	6.6B	7.0B	7.6B	8.0B
Other Current Liab	1.1B	1.4B	1.8B	1.3B	1.1B	1.2B
Total Current Liabilities	1.4B	2.8B	2.4B	3.2B	3.0B	3.1B
Total Stockholder Equity	12.0B	38.0B	36.5B	35.6B	35.2B	36.9B
Property Plant And Equipment Net	1.1B	2.0B	2.4B	3.5B	3.4B	3.6B
Net Debt	4.1B	4.8B	5.1B	6.1B	5.6B	5.9B
Retained Earnings	7.2B	7.5B	8.7B	10.4B	10.2B	10.7B
Cash	1.1B	2.0B	1.5B	958.1M	2.0B	2.1B
Non Current Assets Total	19.0B	46.9B	45.4B	44.4B	42.7B	44.9B
Non Currrent Assets Other	311.9M	383.9M	397.3M	465.7M	749.1M	786.5M
Cash And Short Term Investments	1.1B	2.0B	1.5B	958.1M	2.4B	1.6B
Net Receivables	737.5M	1.5B	1.8B	1.5B	1.3B	1.4B
Common Stock Shares Outstanding	372.0M	401.3M	523.2M	506.0M	498.7M	379.2M
Liabilities And Stockholders Equity	21.5B	52.3B	50.3B	48.8B	48.2B	50.6B
Non Current Liabilities Total	8.1B	11.6B	11.4B	10.0B	10.1B	10.6B
Inventory	608.3M	1.2B	1.4B	1.6B	1.4B	1.5B
Other Current Assets	116.0M	1.5B	267.0M	314.0M	337.5M	354.3M
Other Stockholder Equity	4.9B	30.6B	27.9B	25.3B	25.1B	26.3B
Total Liab	9.5B	14.3B	13.8B	13.2B	13.1B	13.7B
Property Plant And Equipment Gross	1.1B	2.0B	2.4B	6.6B	7.6B	8.0B
Total Current Assets	2.5B	5.4B	4.9B	4.4B	5.5B	5.8B
Accumulated Other Comprehensive Income	(249.5M)	(186.6M)	(198.2M)	(188.3M)	(185.3M)	(176.0M)
Short Term Debt	39.9M	569.2M	53.6M	1.1B	947.4M	994.7M
Intangible Assets	3.7B	15.3B	13.3B	11.3B	9.6B	10.1B
Accounts Payable	227.3M	443.4M	582.2M	493.0M	487.5M	511.8M
Current Deferred Revenue	(225.3M)	(39.9M)	(443.4M)	1.5B	1.7B	1.8B
Common Stock Total Equity	61.4M	61.6M	87.6M	84.9M	97.6M	56.6M
Common Stock	61.6M	87.6M	84.9M	82.7M	82.7M	58.7M
Other Liab	2.7B	5.3B	4.5B	3.8B	4.3B	4.5B
Other Assets	1.6B	2.7B	2.4B	396.2M	455.6M	526.7M
Long Term Debt	5.1B	6.3B	6.5B	5.9B	6.8B	7.1B
Good Will	12.3B	12.3B	26.9B	26.9B	26.9B	28.3B
Property Plant Equipment	1.1B	2.0B	2.7B	3.5B	4.0B	4.2B
Net Tangible Assets	12.0B	(4.2B)	(3.7B)	(2.7B)	(2.4B)	(2.3B)
Long Term Debt Total	5.2B	5.1B	6.3B	6.5B	7.5B	7.9B
Non Current Liabilities Other	1.0B	1.4B	515.4M	581M	668.2M	414.7M

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When determining whether Analog Devices offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Analog Devices' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Analog Devices Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Analog Devices Stock:

How To Invest In Analog

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Is Analog Stock a good investment?

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What is Analog Devices' Net Worth?

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Largest Semiconductors & Semiconductor Equipment Companies

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Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Analog Devices. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.

For more detail on how to invest in Analog Stock please use our How to Invest in Analog Devices guide.

You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.

Is Semiconductors & Semiconductor Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Analog Devices. If investors know Analog will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Analog Devices listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.55)

Earnings Share

3.28

Revenue Per Share

19.544

Quarterly Revenue Growth

(0.25)

Return On Assets

0.0286

The market value of Analog Devices is measured differently than its book value, which is the value of Analog that is recorded on the company's balance sheet. Investors also form their own opinion of Analog Devices' value that differs from its market value or its book value, called intrinsic value, which is Analog Devices' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Analog Devices' market value can be influenced by many factors that don't directly affect Analog Devices' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Analog Devices' value and its price as these two are different measures arrived at by different means. Investors typically determine if Analog Devices is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Analog Devices' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Analog Capital Expenditures vs Free Cash Flow Analysis

Capital Expenditures vs Free Cash Flow

Capital Expenditures vs Free Cash Flow Correlation Analysis

Correlation Coefficient

Capital Expenditures

Free Cash Flow

Analog Devices fundamental ratios Correlations

Analog Devices Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Analog Devices fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Total Liab	+ 1.0	Non Current Liabilities Total
Total Stockholder Equity	+ 0.99	Total Assets
Net Debt	+ 0.99	Short Long Term Debt Total
Other Stockholder Equity	+ 0.99	Total Stockholder Equity
Accounts Payable	+ 0.99	Net Receivables

Cash And Short Term Investments	- 0.59	Net Debt
Non Current Liabilities Total	- 0.53	Cash And Short Term Investments
Cash And Short Term Investments	- 0.52	Short Long Term Debt Total
Total Liab	- 0.49	Cash And Short Term Investments
Cash And Short Term Investments	- 0.45	Other Current Liab
Cash And Short Term Investments	- 0.4	Non Current Assets Total